Brent Crude Oil Futures (BZ) provide traders with exposure to Brent crude oil, the international benchmark for oil prices. These contracts allow for speculation on global oil price movements, hedging energy costs, or diversifying energy investment portfolios with the world's most widely used oil pricing benchmark.
Contract Size: 1,000 barrels
Example: This contract size allows traders to gain exposure to energy with controlled leverage and risk.
These specifications make Brent Crude Oil (BZ) Futures suitable for traders seeking exposure to energy markets.
Brent Crude Oil (BZ) Futures trade with extended hours, providing flexibility for traders in different time zones.
Platform Symbol: BZ
To trade Brent Crude Oil (BZ) Futures, you'll need to meet specific margin requirements. Check with your broker for the latest margin rates and details.
Proper position sizing is crucial when trading Brent Crude Oil (BZ) Futures. Use our position size calculator to determine the optimal number of contracts based on your risk tolerance and account size.
For Brent Crude Oil (BZ) Futures (BZ):
If you want to risk $500 with a 10-point stop loss:
Risk per Contract = Stop Loss in Points × Point Value = 10 × 1,000.00 per point = $10
Maximum Contracts = Risk Amount ÷ Risk per Contract = $500 ÷ $10 = 50 contracts